Standard Motor Products acquires Stabil Group

Stabil Operative Group is a German company that manufactures and distributes a variety of components, including electronic sensors, control units, and clamping devices to the European OE market, servicing both commercial and light vehicle applications.

Standard Motor Products has acquired 100 percent of the capital stock of Stabil Operative Group GmbH, a German company that manufactures and distributes a variety of components, including electronic sensors, control units, and clamping devices to the European OE market, servicing both commercial and light vehicle applications. Stabil generates approximately $25 million in annual revenue and has facilities in Germany and Hungary.

SMP will fund the acquisition in cash through its revolving credit facility.

“We are very pleased to announce this acquisition, which fits very well with our strategy to expand beyond our core aftermarket business into complementary areas,” said Eric Sills, Standard Motor Products’ Chief Executive Officer and President. “Headquartered on the outskirts of Stuttgart, Germany, Stabil gives us exposure to a diversified group of blue chip European commercial and light vehicle OE customers, provides us with experienced sales and engineering teams, expands our product portfolio, increases our global manufacturing footprint, and creates positive synergies with our existing operations in Poland. We welcome Stabil and its approximately 230 employees to the SMP family.”


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